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Rockies sign closer Wade Davis to a three-year, $52 million deal

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Jeff Passan of Yahoo reports that Wade Davis has agreed to a three-year, $52 million deal with the Colorado Rockies. There’s also a fourth-year vesting option that could make the deal worth $66 million. The guaranteed average of $17.33 million is the highest per-year salary ever for a relief pitcher, surpassing the $15 million a year the Yankees are paying Aroldis Chapman.

Davis, 32, saved 32 games for the Cubs in 2017, posting a 2.30 ERA and a 79/28 K/BB ratio in 58 2/3 innings. He spent the previous four seasons with the Kansas City Royals, helping them to a World Series title in 2015, when he posted an astounding 0.94 ERA in 69 games out of the pen. Davis will take the place of his former Royals teammate Greg Holland, who closed for the Rockies in 2017 but who is now a free agent.

The Cubs had made Davis a qualifying offer, but he rejected it, meaning that the Rockies will send Chicago a draft pick as compensation.

Dustin Pedroia suffers a “significant setback” in his recovery

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Pete Abraham of the Boston Globe reports that Red Sox second baseman Dustin Pedroia has suffered “a significant setback” with his left knee, making his availability for spring training questionable. Abraham says that Pedroia is “discussing his options with his family, agents, and the Sox.”

Pedroia underwent “knee joint preservation” surgery last year, which is often used as an alternative to full knee replacement. As it was, he played in only three games in 2018 and appeared in just six games in 2019, accruing just three hits in 34 plate appearances.

In light of the severity of his injury, the severity of his surgery and all of the time he’s missed over the past few years, it was already something of a long shot for Pedroia play again as it was. Indeed, he himself was not even sure if he’d play again when asked at one point last season. But this sounds positively dire.